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States » NorthPosted at: Nov 24 2020 10:14PM


'UP attracting investments from foreign companies'

Lucknow, Nov 24 (UNI) In the ongoing Covid pandemic, 57 national and foreign companies have tied up with the Uttar Pradesh government for investment totalling Rs 46,501 crore, an official said here on Tuesday.Official sources here said around 28 foreign companies have expressed intent to make an investment of Rs 9,357 crores in the state during the Corona period.
It includes a German shoe-making company that has shifted from China to India and started production in Agra with an investment of Rs 300 crore. Apart from this, 29 domestic companies have tied up to invest Rs 37,144 crore.
While two companies of Canada will be investing Rs 1,476 crore in UP, four companies of Germany will be investing Rs 300 crore. In addition, seven companies of Japan will be investing Rs 2,000 crore, five companies of the United States will be investing Rs 309 crore while four companies of South Korea will be investing Rs 928 crore.
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